The U.S. dollar changed hands in the upper 120 yen zone in early trading on Thursday in Tokyo.
At 9 a.m., the dollar was quoted at 120.94-95 yen compared with 120.88-98 yen in New York at 5 p.m. Wednesday. Japanese markets were closed on Wednesday for a national holiday. The euro meanwhile fetched 1.0908-0909 dollars and 131.92-94 yen against 1.0906-0916 dollars and 131.85-95 yen in New York late Wednesday afternoon.
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